FX.co ★ Forex Humor. A look at the Forex market with Humor
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US Treasury says oil prices will fall after conflict ends
Treasury Secretary Scott Bessent said he expects oil prices to fall materially by the end of 2026, arguing that the current rally reflects a temporary shock driven solely by military...
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OPEC+ to press ahead with June output rise despite UAE exit
The OPEC+ coalition intends to stick to plans for raising oil production in June despite the unprecedented departure of the United Arab Emirates from the group. Seven key members...
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Wall Street discouraged with tepid chatbot profits
The gap between capital spending on artificial intelligence (AI) and its real payback is becoming critical. According to a Goldman Sachs report, financial returns remain minimal across most sectors despite...
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White House prepares for extended economic blockade of Iran
US President Donald Trump has directed his administration to devise a plan for a prolonged pressure campaign on Iran’s economy, shifting the focus from direct military intervention to long-term economic...
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Beijing threatens EU with trade sanctions in response to Huawei equipment ban
Beijing has warned the European Union that it is ready to take tough retaliatory measures if Brussels adopts legislation to ban the use of telecommunications equipment from Huawei Technologies. China’s...
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Federal Reserve holds rate at 3.5–3.75% as Powell’s chairmanship ends
The Federal Reserve left its interest rate unchanged in the range of 3.5% to 3.75% following its April meeting, a decision that met market expectations and marked a third consecutive...
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US Treasury warns of secondary sanctions, complicating China’s energy imports
The US Treasury has warned financial institutions that it is prepared to apply secondary sanctions on parties that facilitate purchases of Iranian crude by Chinese refineries and has instructed banks...
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Experts warn EU faces critical dependence on US LNG as imports exceed 50%
The European Union risks falling into a critical dependence on supplies of US liquefied natural gas as global energy markets are restructured, industry experts said. Rihard Kvasnyovsky, head...
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Spain’s unemployment posts biggest quarterly jump since pandemic
The unemployment rate in Spain rose to 10.83% in the first quarter of 2026, marking the most significant quarterly increase since the coronavirus pandemic. This figure jumped by 0.9% compared...
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UAE announces exit from OPEC and OPEC+ effective May 1, 2026
The United Arab Emirates has officially announced its withdrawal from the OPEC and OPEC+ oil alliances, effective May 1, 2026, as part of a long-term economic strategy. This decision will...
